[Calc Review] Help me analyze this deal

[Mike Rios]

I have just been offered this deal. The owner was in the process of selling to their tenant, but complications arose and the tenant had to move out of town. The owner is willing to sell for $175K.

The house is in great condition. A July 2019 inspection report indicates that there are minor and the realtor says the issues have been resolved.

Realtor says the home is worth $185K - $195K as is or $200K if updated a bit. My own research confirms this.

However, he is asking that I move quickly as he knows others will be interested.

I think I used some pretty safe numbers in my analysis. Is this deal good for a BRRR strategy? What other options might I have? What are your thoughts???

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